The analysts might have been a bit too bullish on BlackSky Technology Inc. (NYSE:BKSY), given that the company fell short of expectations when it released its third-quarter results last week. It was not a great result overall, as revenues of US$20m fell 31% short of analyst expectations. Unsurprisingly, statutory losses ended up being18% larger than the analysts expected, at US$0.44 per share. Earnings are an important time for investors, as they can track a company’s performance, look at what the analysts are forecasting for next year, and see if there’s been a change in sentiment towards the company. Readers will be glad to know we’ve aggregated the latest statutory forecasts to see whether the analysts have changed their mind on BlackSky Technology after the latest results.

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NYSE:BKSY Earnings and Revenue Growth November 9th 2025

Taking into account the latest results, the most recent consensus for BlackSky Technology from nine analysts is for revenues of US$149.1m in 2026. If met, it would imply a major 47% increase on its revenue over the past 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 65% to US$0.86. Yet prior to the latest earnings, the analysts had been forecasting revenues of US$155.6m and losses of US$0.87 per share in 2026.

See our latest analysis for BlackSky Technology

There was no real change to the average price target of US$26.29, suggesting that the revisions to revenue estimates are not expected to have a long-term impact on BlackSky Technology’s valuation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on BlackSky Technology, with the most bullish analyst valuing it at US$42.00 and the most bearish at US$17.00 per share. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.

Of course, another way to look at these forecasts is to place them into context against the industry itself. The period to the end of 2026 brings more of the same, according to the analysts, with revenue forecast to display 36% growth on an annualised basis. That is in line with its 30% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 5.9% per year. So it’s pretty clear that BlackSky Technology is forecast to grow substantially faster than its industry.

The most obvious conclusion is that the analysts made no changes to their forecasts for a loss next year. They also downgraded BlackSky Technology’s revenue estimates, but industry data suggests that it is expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year’s earnings. We have forecasts for BlackSky Technology going out to 2027, and you can see them free on our platform here.

Before you take the next step you should know about the 4 warning signs for BlackSky Technology that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.